Search Results for: Irish

RUSSIAN air traffic controllers in Smolensk have been blamed by Poland’s Deputy Prosecutor, Marek Pasionek, for the 2010 air crash in Russia that killed Poland’s president Lech Kaczynski and 95 other senior Polish politicians. Speaking at a press conference on April 3, Pasionek said that a detailed investigation had revealed “evidence that has allowed prosecutors to formulate new charges against air traffic controllers, citizens of the Russian Federation”.…

A LARGE new office block near the National Concert Hall in Dublin could be the ultimate statement that Ireland’s medical technology (medtech) industry has come of age. With large windows set into sandstone-coloured walls, the building will house the headquarters of Medtronic, the US giant which moved its headquarters to Ireland in 2015 as part of a USD42.9 billion acquisition of rival Covidien, also based in Ireland but from a similarly American corporate background.…

THE CENTRAL Bank of Ireland has fined Allied Irish Banks (AIB) EUR2.275 million for breaches of Ireland’s 2010 Criminal Justice (Money Laundering & Terrorist Financing) Act. The offences have been admitted by AIB. This follows a central bank inquiry that concluded commercial and retail bank AIB broke this anti-money laundering (AML) law for three years after it came into force, (in July 2010) on average – with breaches continuing until July 2014.…

EUROPEAN and French meat industry organisations are preparing to respond to China’s decision to lift its embargo on French exports of de-boned beef for animals. China is the second largest importer of beef worldwide: “We welcome the move in principle,” European Union (EU) farm body Copa-Cogeca’s secretary general Pekka Pesonen told GlobalMeatNews.…

THE EUROPEAN Union’s (EU) XP-DITE accelerated checkpoint design integration test and evaluation project has enabled the creation and approval of the world’s first combined EU and United States pre-clearance checkpoint. Its goal is to create a regulatory system that gives the designers and operators of airport checkpoints more freedom to choose how they build and run these systems, making them more effective and maybe cheaper, but at the same time guaranteeing a high level of security.…

WITH President Donald Trump having consigned the Trans-Pacific Partnership (TPP) trade deal to the dustbin of history, focus is now switching to his intentions over the Transatlantic Trade & Investment Partnership (TTIP) that has been under negotiation since 2013.

If completed, this could be one of the biggest trade deals ever signed – uniting the economies of the USA and the European Union (EU), which will still be huge, even if Britain makes good on its 2016 referendum result to quit the bloc.…

2016 – Winners and losers

RETAILERS & BRANDS

WINNERS

US-based sportswear brand Under Armour delivered its 26th consecutive quarter of 20%-plus revenue growth in the third quarter of 2016, with sales increases across all divisions. Net sales were up 22% in the third quarter to USD1.47bn.…

VIETNAM’S construction and manufacturing sectors are driving demand for paints and varnishes as economic growth remains healthy despite speed bumps this year. While this key south-east Asian emerging market’s economic growth took a hit this year thanks to environmental issues and weak global export demand, the country’s paints and coatings industry continues to grow.…

VIETNAM’S construction and manufacturing sectors are driving demand for paints and varnishes as economic growth remains healthy despite speed bumps this year. While this key south-east Asian emerging market’s economic growth took a hit this year thanks to environmental issues and weak global export demand, the country’s paints and coatings industry continues to grow.…

EU E-COMMERCE VAT REFORMS PROPOSED BY EUROPEAN COMMISSION

REFORMS to European Union (EU) e-commerce VAT rules have been proposed by the European Commission which include a clear declaration VAT should be paid in the member state of the final consumer.…